1012 Highway 62Mountain Home, AR 72653

Property Details for 1012 Highway 62

Year built

2021

Lot size

0.63 AC

Property size (Sq ft)

1,976 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

007-14025-001

APU

714025001

Description

This exceptional 2,183-square-foot retail space is ideally situated at 1012 Hwy 62 E in Mountain Home, Arkansas, within Baxter County. Currently vacant and ready for immediate occupancy, this single-tenant property presents a fantastic opportunity for a restaurant or similar commercial enterprise. The building's total square footage is 2,183 square feet, offering ample space for a variety of layouts and operational needs. Its strategic location on Highway 62 East ensures high visibility and accessibility for potential customers. The property is categorized as a retail space suitable for restaurant use, making it an attractive option for businesses seeking a well-positioned location in a thriving community. The zip code is 72653. This property is for lease and offers a blank canvas for a new business to establish itself in a high-traffic area. The building is ready for immediate tenant improvements to suit the specific needs of the incoming business. Interested parties are encouraged to explore the potential of this prime commercial real estate opportunity in Mountain Home, Arkansas. The property's coordinates are latitude 36.3495476 and longitude -92.3699864.

• CAP approach

  CAP return

  Valuation

  6%

  $687,225

  6.5%

  $634,362

  7%

  $589,050

• Comparable approach

  Method

  Valuation

  Relative Method

  $388,203

  Geo Method

  $388,203

• Alternative Use

  Use

  Valuation

  Residential

  $535,108

  Hospitality

  $490,156

  Educational

  $407,804

  Medical

  $421,829

  Retail

  $634,362

Location Insight

City

Mountain Home

County

Baxter

State

Arkansas

Latitude

36.3495

Longitude

-92.3699

CBSA code

34260

CBSA name

MOUNTAIN HOME, AR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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